secwatch.observer — SEC 8-K summary
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Issuer:     Fidelity National Information Services, Inc. (FIS)
CIK:        0001136893
Form:       8-K
Filed at:   2025-04-17T23:59:59+00:00
Accession:  0001193125-25-083595
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FIS to acquire Global Payments' Issuer Solutions for $13.5B, sell Worldpay stake for $6.6B
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- Acquisition of Issuer Solutions at $13.5B enterprise value ($12B net); expected to close H1 2026.
- Sale of 45% Worldpay stake to Global Payments for $6.6B pre-tax at ~10.5x expected 2025 EBITDA.
- Preliminary Q1 2025 revenue $2.532B; adjusted EPS $1.21, both above prior outlook ranges.
- Net EBITDA synergies >$150M by year three; >$500M incremental adjusted FCF expected within 12 months post-close.
- FIS reaffirms full-year 2025 guidance for revenue, adjusted EBITDA, and adjusted EPS.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1136893/000119312525083595/0001193125-25-083595-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1136893/000119312525083595/d934755d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-083595

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer